We present results of an ongoing systematic study of the large-scale properties of neutral hydrogen (HI) gas in nearby radio galaxies. Our main goal is to investigate the importance of gas-rich galaxy mergers and interactions among radio-loud AGN. From an HI study of a complete sample of classical low-power radio galaxies we find that the host galaxies of extended Fanaroff & Riley type I radio sources are generally HI poor (.108M) and show no indications for gas-rich galaxy mergers or ongoing gas-rich interactions. In contrast, the host galaxies of a significant fraction of low-power compact radio sources contain enormous discs/rings of HI gas (with sizes up to 190 kpc and masses up to 2×1010M). This segregation in HI mass with radio so...